US Economy Growing Faster Than First Thought

The U.S. economy is growing faster than first estimated.

A report Thursday from the Commerce Department says the country’s economic output increased at a 2.5 percent annual rate between April and June. That is faster than earlier estimates and more than double the 1.1 percent growth rate in the first quarter.

The chief U.S. economist at High Frequency Economics, Jim O’Sullivan, told VOA that while the 2.5 percent growth is not a “booming number,” recently some analysts …

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